Tuesday, November 2, 2010

On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Nashville Business Journal:

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But economic developers and investors must continues to wait to see if the governotr will come to their aidbeforer Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown Denver, signing three bills that he said will continud to build the state’s “New Energyh Economy.” House Bill sponsored by Reps. Buffie McFadyen, D-Pueblo West, and Cory Gardner, R-Yuma, lets trucking companies get 25 percenf reimbursement of the cost of buying andinstallingy fuel-efficient technologies and emission-control devices.
More importantly, McFadyen it prorates sales tax on truckiny equipment based on the percentage of milesx companies drive in Colorado and it allows truckerzs finally to take advantageof enterprise-zone tax breaks. “Thizs bill is so incredibly important to the not only for the environment but for the survival of truckers that are in she said while tearing up at the HouseBill 1331, sponsored by Rep. Sara Gagliardi, expands the pool of vehicles eligiblefor alternative-fuel tax creditas to include those that run on cleaner-burningy natural gas. It also eliminates eligibility for some hybridd vehicles that arenot fuel-efficient, said sponsoringt Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Colorado Oil and Gas Associatioj and the nonprofit group Environment Colorado both supportexthe measure. “If COGA and Environmenyt Colorado agree, it has to be a greaft bill,” he said. And Senate Bill 75, championed by the companyh Aspen Electric Cars and allows drivers tooperate low-speedc electric vehicles on most roads with spees limits of 35 mph or From there, Ritter went to the offices in Denver and signed a measuree to re-establish the Colorado Office of Television and Media. House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep.
Anne D-Denver, allows the office to solicit gifts and donationds to offer incentives to producers to make filmzs inthe state. “I believe this move signalsa that Colorado is becoming serious about attracting productionb to the stateonce again,” said Kevin Shand, executive director of the Coloradop Film Commission. “By becoming part of the statseonce again, the film office will once againj have resources to market Coloradio effectively and help expand our economiv development efforts in a new and different Finally, Ritter returned to his Capitokl office to sign nine separate bills, including measurew to help the restaurant and broadband industries.
Senate Bill 121, sponsored by Sen. Al White, eliminates the sales and use tax restaurantws must pay when offering freeor reduced-price meals to Senate Bill 162, sponsored by Sen. Gail D-Snowmass Village, requires the Office of Information Technology to create a map of where broadband technology is availablre and not available inthe state. Ritter has not announced his intentionsd on at least two bills being watchefd closely by thebusiness community, however. One is Senats Bill 173, which would allow local governments to work with the state Economic Development Commission to offer incentives to attract andbuild tourism-generatinh projects.
The bill is considered key to landingf either of twopotential auto-racetrack projects east of Aurora. The othef is House Bill 1366, which limits the Colorado-source capital gainx subtraction to thefirst $100,000 of gains on assets held for five years or If signed, the bill would generate $15.i8 million to help balance the

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